Credit: GuruFocus is glad to announce that we have created a new page for stocks with the highest short interest .
The short interest is measured by the Short Percentage of Float. The Short Percentage of Float is at least 10%. Users can check the stocks with the highest short interest in different market caps, predictability, and industries. The results can be views in lists, charts, and customized list. Short interest can also be combined with more than 120 other filters in All-In-One Screener .
When we combine the short interest with Predictability Rank , we can see that many highly predictable businesses are also heavily shorted. Here is the list:
Total Records: 15
World Acceptance Corporation ( WRLD)
The payday loan company has had tremendous growth in both revenue and earnings. It is revenue grew more than 18% annually over the past 10 years.In the mean time, the company has been buying back shares at 5% a year. It has reduced its shares by 40% since 2005.
But the stock is hated by Wall Street and close to 50% of the float is shorted. It is traded at a P/E ratio of just above 10, far below its Peter Lynch Earnings Line:
It is traded above its Peter Lynch Earning Line, but it is justified as the company has higher growth.
Other examples include Buckle ( BKE ), Netflix ( NFLX ) and Boston Beer ( SAM ). Here are their Peter Lynch charts.
We don't understand why short sells hate them. But the short sellers definitely did not fare well with their shorts as all the those stocks have more than doubled over the past three years.
In the next days we will release the page which shows the history of Short Interest of all stocks.
Sometimes buying stocks that Wall Street hates can be very profitable. Take a look the stocks with highest short interest.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
